Indian job space looks bullish

Indian job space looks bullish

Job prospects for professionals and managers seem bright in the country as around 55 per cent of firms have recruited staff in the June quarter and a similar percentage of people are looking to do so in future as well, says a survey.

According to the findings of the 12th Antal Global Snapshot, hiring levels across the globe witnessed a slowdown in the June quarter, while the Indian job space looks bullish.

This survey indicates that the Indian job market has remained stable this quarter with both hiring and firing rates staying more or less the same during the last three months.

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Image: Workers at an outsourcing centre in Bengaluru.Photographs: Vivek Prakash/Reuters

Indian job space looks bullish

In terms of attrition, globally, the overall rate of attrition has dropped from 20 per cent in April to 18 per cent now and this is expected to fall again to just 16 per cent over the next three months.

". . .this survey indicates that many organisations have now come to accept uncertainty as an unwelcome, but inherent part of business life and are consequently pushing ahead with investment and development in this 'new normal'," Antal International CEO Tony Goodwin said in a statement.